South Africa’s Pick n Pay Stores Ltd. fell after it delayed a key turnaround target by a year, tempering optimism that had driven the grocer’s stock higher ahead of the results.
A customer shops for vegetables inside a new Pick n Pay Stores Ltd. QualiSave supermarket in Cape Town, South Africa, on Monday, Aug. 15, 2022. Pick n Pay in May said it was revamping stores, targeting 3 billion rand ($181 million) of savings and seeking to be clearer in how it approached different target markets.
Congo suspended flights to the eastern city of Bunia and regional health ministers warned of escalating cross-border risks from Ebola as the outbreak spread across three provinces and overwhelmed contact-tracing efforts.
An Ebola treatment center in Bunia, Democratic Republic of Congo, on May 19. Photographer: Dirole Lotsima Dieudonne/AP Photo
An Ebola case detected in Goma, the eastern Democratic Republic of Congo city seized by Rwanda-backed rebels last year, is highlighting how conflict and decrepit infrastructure could hamper efforts to contain the virus.
The World Health Organization declared the Ebola outbreak in Democratic Republic of Congo and Uganda a public health emergency of international concern, seeking to mobilize support against a rare virus strain that likely has spread for weeks undetected and has no approved vaccine or treatment.
The entrance of CBCA Virunga General Hospital, in Goma, Democratic Republic of Congo, on May 17, 2026.
A rare strain of Ebola with no approved vaccine or treatment circulated undetected for weeks in conflict-hit northeastern Democratic Republic of Congo before killing at least 87 people.
The logo for the World Health Organization (WHO) OpenWHO app. Photographer: Stefan Wermuth/Bloomberg
A cruise ship at the center of a deadly hantavirus outbreak has begun sailing toward Spain’s Canary Islands after evacuating three people, with two already arriving in the Netherlands for treatment, its operator said.
This photograph shows a view of a convoy of ambulances allegedly carrying at least one of the passengers from the cruise ship MV Hondius believed to be infected with hantavirus escorted by Dutch police on motorcycles as it arrives near Leiden University Medical Center (LUMC) in Leiden on May 6, 2026. The Dutch-flagged ship has been at the centre of an international health scare since last weekend, when the UN's health agency was informed that three passengers had died and the suspected cause was hantavirus. The rare disease is usually spread from infected rodents, typically through urine, droppings and saliva. (Photo by Josh Walet / ANP / AFP via Getty Images) / Netherlands OUT
After almost a century of operating in South Africa, Coca-Cola Co. is deepening its investment in the market with a fresh 17.6 billion-rand ($1 billion) commitment to expand capacity and distribution through 2030.
Cans of cherry Coca-Cola for sale at a store in Miami Beach, Florida, US, on Monday, Feb. 9, 2026. Coca-Cola Co. is scheduled to release earnings figures on February 10. Photographer Zak Bennett/Bloomberg Photographer: Zak Bennett/Bloomberg
Pepkor Holdings Ltd. hired Merwe Scholtz to lead a new banking push as Africa’s largest clothing and mobile phone retailer prepares to launch an independent lender as early as next year.
South Africa approved new import taxes to protect its steel industry after a probe found that cheap imports of some products from China and Thailand unfairly undercut local manufacturers.
A construction worker stands on a steel reinforcement structure at a construction site in Sandton, South Africa.
Pepkor Holdings Ltd. is weighing plans to abandon a possible partnership with Investec Bank Ltd. and instead launch a lender on its own, according to a person familiar with the matter.
Clothes for sale at a PEP store, operated by Pepkor Holdings Ltd., in Boksburg, South Africa. Photographer: Leon Sadiki/Bloomberg
Mr Price Group Ltd. faced investor skepticism over the clothing chain’s purchase of the retail business of NKD Group in Europe, a deal that has wiped about a quarter off the South African retailer’s share price since it was announced.
Pepkor Holdings Ltd. is seeking a banking chief as Africa’s biggest seller of clothing and mobile phones plans to open branches using its store network in South Africa to reach millions of lower-income customers.
Woolworths Holdings Ltd. said trading in its Australian apparel business slowed sharply at the end of the first half, while stepped-up investment in its South African food division weighed on margins.
A Woolworths Group Ltd. logo Photographer: Carla Gottgens/Bloomberg
British American Tobacco Plc warned South Africa’s government for years that it would be forced to end production there if illegal cigarette sales weren’t stamped out, according to the chief executive officer.
A man buys a cigarette from a woman at in South Africa. Photographer: EMMANUEL CROSET/AFP
South Africa will withdraw its troops from the United Nation’s peacekeeping mission in the Democratic Republic of Congo as the continent’s largest economy seeks to “realign” the resources of its armed forces.
Uruguayan soldiers of the United Nations Organization Stabilization Mission in the Democratic Republic of the Congo (MONUSCO) travel on their armored personnel carrier (APC) in Nzulo, on the main road linking the North Kivu capital Goma to the town of Sake, on January 25, 2025. Three South African soldiers were killed and 18 injured in clashes with M23 forces in the east of the Democratic Republic of Congo, where they were part of a southern African mission, a political party and a military union said Saturday. (Photo by Jospin Mwisha / AFP) (Photo by JOSPIN MWISHA/AFP via Getty Images)
South Africa’s $4 billion beauty market is fast becoming a key battleground for retailers grappling with a sluggish economy, weak consumer confidence and intensifying competition.
Popsicle Professional Nails opened two salons in December.
Mr Price Group Ltd. slumped amid market concerns that the South African clothing chain is overpaying for the retail business of NKD Group to expand in central and eastern Europe.
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